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Kroll Bond Rating Agency downgraded Chicago's general obligation bonds to A-minus from A, citing high fixed costs and one-time fixes. The outlook is negative.
January 27 -
Broker-dealer Siebert Williams Shank's foundation donated $100,000 to two organizations aiding Los Angeles-area residents affected by the wildfires.
January 22 -
The Los Angeles-area wildfires have sparked a negative rating watch for several credits from Fitch Ratings.
January 17 -
With losses expected to be measured in the tens or hundreds of billions, the municipal finance industry begins to take stock of the Los Angeles-area wildfires.
January 17 -
The bonds — $824.8 million tax-exempt and $400 million taxable — follow Orlando Health's major acquisitions of hospitals in Alabama and Florida.
January 16 -
S&P Global Ratings downgraded Chicago's general obligation debt to BBB from BBB-plus, saying the 2025 budget fails to address a structural imbalance.
January 15 -
Trading in Los Angeles credits has become more volatile. An L.A. Department of Water and Power deal slated for Wednesday went day-to-day.
January 14 -
Williams, a former salesman and founder of A. H. Williams & Co., became a "giant" in the Pennsylvania muni world through relationships built on trust.
January 13 -
The billion-dollar deal will be the first bonds backed by the tax since it was created in 2019.
January 13 -
The rating agency said the district's strong management helped boost its ratings ahead of an $806 million bond issuance slated for Jan. 22.
January 10